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    253 Sutton Rd Streamwood, IL 60107

    Sponsored
    For Sale
    $2,200,000

    2.5-acre commercial land, prime location.

    Description

    Added:
    Dec 11, 2024
    Days on Market:
    391
    This exceptional 2.5-acre commercial land parcel presents a remarkable development opportunity in Streamwood, Illinois. Strategically located at the intersection of Route 59 (Sutton Road) and Schaumburg Road, this site boasts unparalleled visibility and accessibility. With a daily traffic count of 40,000 vehicles, this property offers excellent exposure for a variety of commercial ventures. The site features a convenient curb cut, providing right-in, right-out access. Its location is ideal, situated just two minutes north of Streamwood's major retail area and directly across from residential neighborhoods, creating a seamless transition between commercial and residential uses. The property is also within close proximity to the thriving communities of South Barrington, Schaumburg, Bartlett, and Hoffman Estates. Furthermore, its proximity to a full-signal four-way interchange (500 feet north) ensures easy access for customers and employees. The property's APN is 06-15-300-019-0000. This is a rare opportunity to acquire a highly desirable development site in a rapidly growing area of Cook County, Illinois. The asking price for this exceptional property is $2,200,000.

    Property Features for 253 Sutton Rd

    General Information

    Property type
    Land
    Lot Size
    108,900 SF

    HighLights

    • Excellent development site with existing curb cut.
    • High daily traffic count of 40,000 vehicles.
    • Prime location, situated between commercial and residential areas.
    • Located 500 feet north of a full signal, four‑way interchange.
    Property Profile Location Intelligence

    Current Use by Public Records

    Commercial real estate

    Suggested Use

    Realty agency Law Firm Restaurant Spa & Massage Dental Office Hair Salon Clothing Store Building Supply Gym & Fitness Auto Repair Shop

    Zoning and permitted uses should be independently verified with local authorities.

    Location Insight

    • Map
    • Local Demand
    City
    Streamwood
    County
    Cook
    State
    Illinois
    Longitude
    -88.202830282304
    Latitude
    42.026251180881

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    FAQs

    What type of property is this?
    Land - 2.5-acre commercial land, prime location.
    Where is this land located?
    The property is located at 253 Sutton Rd Streamwood, IL.
    What is the asking price?
    The asking price for this property is $2,200,000.
    What are key features of this property?
    This property features: Excellent development site with existing curb cut.; High daily traffic count of 40,000 vehicles.; Prime location, situated between commercial and residential areas.
    (312) 756-7352
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    253 Sutton Rd Streamwood, IL 60107
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    Streamwood, IL 60107
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    Realmo Value Estimation

    Realmo estimates a property’s market value using a proprietary methodology that incorporates public data and user-submitted information. This cumulative value is generated by integrating a variety of conventional and innovative methods. 

    Disclaimer

    These figures are not official appraisals and should not be used as a substitute for a valuation performed by a licensed appraiser.

    Actual market value may differ due to factors not captured in the data. Estimates are offered for informational purposes only, and users should conduct independent research before making financial or investment decisions.

    By using this feature, you acknowledge that Realmo is not responsible for actions taken based on these estimates.

    AI approach

    Realmo AI Method estimates property value using machine learning models trained on millions of comparable listings, transactions, and market signals. It analyzes property features, location intelligence data, and current market dynamics to predict the most probable market value in real time.

    Cap approach

    Capitalization Method calculates value based on estimated net operating income (NOI) and applying a market-based capitalization rate (cap rate), we estimate what a typical investor might be willing to pay for it.

    Comparable approach

    Comparable estimate is based on recent sales of similar nearby properties, adjusted for factors like size, condition, and location.

    Relative

    Relative property class coefficient uses factors that account for typical price differences between various asset types (e.g., retail vs. industrial) to provide a more accurate market-aligned estimate.

    Geo

    Comparable Sales Method, enhanced by Geo coefficients — location-based adjustment factors that reflect differences in price levels across neighborhoods, cities, or regions ensuring a more accurate, market-sensitive valuation.

    Alternative use

    Estimate considers the property’s potential value if used for a different purpose-based on zoning, demand, and market feasibility.

    More about this property
    253 Sutton Rd Streamwood, IL 60107
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